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Gold/Mining/Energy : PYNG Technologies -- Ignore unavailable to you. Want to Upgrade?


To: scott dier who wrote (1036)3/17/1998 1:07:00 PM
From: the Chief  Read Replies (2) | Respond to of 8117
 
The stock ramped -up on opening to $6.60, the correction occured because of profit taking Scott. What you predicted was a freefall which is entirely different.

I talked with the CEO of Pyng a few minutes ago. The market for FAST1 is $250,000,000 as stated in the website. I asked him if he got a large order right now, could he satisfy it. His response was yes.
He apparently got some interest from the US miitary in thelast trip. Apparently they want some just in case IRAQ raises it's head!!

I will trade some of these shares on the ups and down, but my core position is intact for at least one year.

After talking to him, I realize I am on the forefront of something great. I just wish I had been in earlier. When in full production, if the demand is half what he believes, this will make microsoft look like a penny stock!!! No pump, no hype, My opinion only!!

the Chief



To: scott dier who wrote (1036)3/17/1998 1:09:00 PM
From: grant.r  Read Replies (1) | Respond to of 8117
 
In my opinion the price will close where we started the day.The quick jump to 6.70 early set off the profit taking and then add some panic selling and this is what we have.In my opinion late in the day their will be some price move upward.Don,t panic just hold on.



To: scott dier who wrote (1036)3/17/1998 6:27:00 PM
From: george eberting  Read Replies (2) | Respond to of 8117
 
You're a bigger idiot than I suspected!! A 2.57% decrease from previous close is a "freefall"??????? Give me a break. Maybe we are arguing over semantics, but to me a freefall would have taken it back below $2.00. What happened is almost exactly what I and several others predicted: A quick run up at opening, followed by a substantial correction. That is NOT freefall. George E.